301 Morgantown StCaneyvilleKY42721
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Caneyville at 301 Morgantown St, Caneyville, KY, 42721 offers a 6.44% rental yield on a $214,900 purchase with $1,153/mo rent. 3% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,373 over five years. Portfolio math shows five-year ROI at 88.68% and total cumulative return in cash at $63,174. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,153/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42721, Caneyville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,702 (100%) |
| Owner Occupied HU | 1,154 (67.8%) |
| Renter Occupied HU | 295 (17.3%) |
| Vacant Housing Units | 253 (14.9%) |
| Median Home Value | $172,951 |
| Average Home Value | $244,270 |
Housing Distribution
Address Breakdown
Residential
1,554
Single Family
1,554
Multi-Family
0
Businesses
61
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Listed by: Debbie Murray • Southern Nest Realty, LLC
Mls Name: South Central Kentucky AOR
Mls Provider:
Mls ID: #SC46107